Abercrombie & Fitch is pulling off a turnaround that many on Wall Street in no way predicted. TheStreet quickly caught up with Abercrombie & Fitch CEO Fran Horowitz fresh off company's fourth quarter earnings Wednesday.

St. Louis Fed President James Bullard said Thursday that raising rates too quickly could restrict economic growth and that market expectations of four rates hikes this year would be 'priced to perfection'.